Georgia

The 11th Circuit Court of Appeals in Atlanta Tuesday overturned a federal judge's ruling that ordered massive cutbacks in drinking water withdrawals by Atlanta and surrounding communities from a federal reservoir known as Lake Lanier.

BRADENTON, Fla. - Triple-A rated Georgia on Tuesday is set to competitively price nearly $1 billion of new-money and refunding bonds in its largest single-day sale ever.

BRADENTON, Fla. — Georgia issuers are facing new credit pressures and calls for conservation because of a looming deadline to cut back on withdrawals from certain river basins and a federal reservoir that provide drinking water to the state’s growing population.

BRADENTON, Fla. — The owners of the National Hockey League’s Atlanta Thrashers plan to sell the team to a group that will move them to Canada, leaving a void at the $213 million bond-financed Philips Arena.

BRADENTON, Fla. — Georgia Gov. Nathan Deal Tuesday signed a $34.05 billion budget for fiscal 2012 into law.

Georgia in June plans to sell between $90 million and $100 million of general obligation bonds as part of the financing for a $140 million highway designed to improve truck access at the Port of Savannah.

BRADENTON, Fla. — Moody’s Investors Service Tuesday placed DeKalb County’s ratings under review for a downgrade, citing a strained liquidity position, doubts about achieving structural budgetary balance, and a larger-than-anticipated decline in taxable values.

BRADENTON, Fla. — Georgia Gov. Nathan Deal Monday signed SB 122 into law, authorizing the use of public-private partnerships to develop drinking-water supply and related infrastructure projects.

The Municipal Electric Authority of Georgia this week plans to sell $178.1 million of new and refunding subordinated revenue bonds.

BRADENTON, Fla. — The five-notch downgrade of DeKalb County, Ga., two weeks ago calls into question whether market participants can rely on the financial disclosure practices of issuers or their ratings, two municipal analysts say.

BRADENTON, Fla. — Some municipal bond market observers say last week’s stunning five-notch downgrade of Georgia’s third-largest county highlights the importance of disclosure — or what Standard & Poor’s sees as insufficient disclosure in the case of DeKalb County.

BRADENTON, Fla. — Georgia Gov. Nathan Deal’s new Water Supply Task Force began mapping a strategy on Monday for the use of $300 million of bonds to help finance critical drinking facilities in the state.

BRADENTON, Fla. — With severe restrictions pending on how Georgia obtains its drinking water, a state senator wants to give local governments the option of financing water-related infrastructure projects through public-private partnerships.

BRADENTON, Fla. — It will cost an estimated $700 million to build the Atlanta Falcons the open-air stadium the National Football League team has sought for several years.

BRADENTON, Fla. — Georgia Gov. Nathan Deal is poised to enact emergency procedures this week to ensure Atlanta Public Schools doesn’t lose its high school accreditation — a development that would prevent its new graduates from getting into most colleges and qualifying for ­scholarships.

BRADENTON, Fla. — On his third day in office, Georgia Gov. Nathan Deal unveiled a $37.54 billion budget for fiscal 2012 that recommends $563 million of bonds and a four-year plan to borrow $300 million for reservoirs.

BRADENTON, Fla. — Though inaugural festivities were curtailed by a major winter storm blowing through the Deep South, Nathan Deal was sworn in Monday as the 82nd governor of triple-A rated Georgia.

BRADENTON, Fla. — Moody’s Investors Service downgraded Fulton County, Ga.’s water and sewer revenue bonds to Aa3 from Aa2 , citing the system’s weakened financial position and narrowed debt-service coverage.

For the second year in a row, Moody's Investors Service has downgraded DeKalb County, Ga.'s general obligation rating because of pressured financial operations and the near-term challenge of restoring the general fund balance to levels consistent with a higher rating level.

Hoping to tap the same investor momentum seen in a recent oversubscribed offering, Atlanta has accelerated plans to market a $505 million refunding for Hartsfield-Jackson International Airport that was expected to sell next year.